THE NEWS WRAP: Zara prepares for Melbourne debut

When the first Australian Zara store opened earlier this year in Sydney, 80% of stock sold out within minutes. It’s believed Zara’s popularity among Australian consumers could prompt other international retailers to open shops here.

In a report by the International Energy Agency, based in Paris, IEA chief economist Fatih Birol says: “We think Australia will play a crucial role in the golden age of gas. It could be a golden age for Australia’s LNG industry.”

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